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Dale Street, Manchester, Greater Manchester, M1

£780,000
Reduced on 09/03/2021
Vesta, London
PROPERTY TYPE
Block of Apartments
BEDROOMS
x12
BATHROOMS
x6
SIZE
3,138 sq. ft.
(292 sq. m.)

Key features

  • Fully tenanted investment property portfolio
  • 4 x leasehold flats - 2 x 2-beds and 2 x 4-beds
  • Apartments are in Manchester, Newcastle and Birmingham
  • £50,736 aggregate rent pa
  • 6.5% aggregate gross rental yield

Property description

Tenure: Leasehold

This is an investment opportunity to purchase a 4-unit nationwide portfolio generating £50,736 rent pa and a gross yield of 6.5%. Apartments are based in Manchester, Newcastle and Birmingham.

Portfolio information

  • Fully let portfolio consisting of:
  • 4 leasehold flats:
  • 2 x 2-beds
  • 2 x 4-beds
  • Aggregate monthly rental income: £4,228
  • Aggregate annual rental income: £50,736
  • Aggregate gross yield 6.5%
  • Location information

  • 2 x units in Newcastle
  • 1 x unit in Manchester
  • 1 x unit in Birmingham
  • Available upon request

  • Portfolio breakdown
  • EPCs for all units
  • Leasehold information per unit

Energy Performance Certificates

EPC 1

Dale Street, Manchester, Greater Manchester, M1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Market Street Tram Stop0.2 miles
  • Piccadilly Gardens Tram Stop0.2 miles
  • Mosley Street Tram Stop0.2 miles
Mortgages
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Market information
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About the agent

Vesta, London

Aston House, Cornwall Avenue, London, N3 1LF

Vesta, London
Vesta. A simpler way to buy. A smarter way to sell
Marketplace for residential investment property 

Vesta is the marketplace for buying and selling rental property

  • Most properties are sold tenanted, meaning you earn rental income from day one and the tenant gets to stay at home.
  • All properties come with rental, yield and tenancy information, including rental history for absolute clarity.
  • Investment guides and property management services avail
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Industry affiliations

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Stamp Duty calculator

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Disclaimer - Property reference VES-NE1-006. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Vesta, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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